PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN

Plan Contact

  • Contact person: ADELINE NOVAK, VICE PRESIDENT
  • Phone: (440) 248-7171

Plan General Information

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Total Retirement Plan Assets

At the end of 2003, the total retirement plan assets of PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN is $3,955,518.00.This plan was established in 1994.

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2003, the total number of retirement plan participants in PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN is 174

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Average Participant Retirement Account Value

In 2003, the average participant retirement account value for PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN is $22,732.00

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2003, the estimated average employee contribution amount per participant for PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN is $4,502.00.

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Estimated Average Employer Match

In 2003, the estimated average employer match for an employee in PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN is approximately $649.00
Investing in this additonal $649.00 for 20 years would give you extra $41,549.00, assuming a 10% annual return.

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Total Employer Contribution and Match Rate

In 2003, PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN allocates $112,962.00 to match its employees' contributions, providing an employer match rate of 28.84% of their contributions

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2003, the total retirement plan asset growth rate of PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN is 49.74%.

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2003, the estimated aggregate retirement account investment gain/loss for PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN is 33.01%. This measures the effectiveness of the plan participants' investments in the year.

PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN Expense Ratio

In 2003, the investment and administrative expense ratio of PARK VIEW FEDERAL SAVINGS BANK SALARY SAVINGS PLAN is 0.09%.

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